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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 366,982 $ 192,561
Accounts receivable 149,769 81,559
Drilling advances 615 3,805
Other current assets 1,427 3,601
Total current assets 518,793 281,526
PROPERTY, PLANT AND EQUIPMENT    
Oil and natural gas properties 2,381,812 2,130,125
Other 7,036 4,412
Accumulated depreciation, depletion and amortization (1,172,761) (985,010)
Total property, plant and equipment, net 1,216,087 1,149,527
OTHER ASSETS    
Deferred financing costs, net 3,701 6,042
Intangible assets, net 0 9,346
Other long-term assets 8,161 6,979
Total other assets 11,862 22,367
TOTAL ASSETS 1,746,742 1,453,420
CURRENT LIABILITIES    
Accounts payable 127,909 62,626
Other current liabilities (Note 6) 90,636 66,323
Total current liabilities 218,545 128,949
LONG-TERM LIABILITIES    
Long-term debt, net 388,087 391,115
Asset retirement obligations, net of current 89,715 88,232
Other long-term liabilities 5,146 5,702
Total long-term liabilities 482,948 485,049
COMMITMENTS AND CONTINGENCIES (Note 10)
Additional paid-in capital 1,689,500 1,712,544
Treasury Stock, at cost, 14,168 shares and 5,475 shares in 2021 and 2020, respectively (164,599) (38,958)
Accumulated deficit (708,168) (1,125,450)
Noncontrolling interest 228,492 291,260
Total equity 1,045,249 839,422
TOTAL LIABILITIES AND EQUITY 1,746,742 1,453,420
Class A Common Stock    
Common stock 19 17
Class B Common Stock    
Common stock $ 5 $ 9